Godrej Properties Enters Raipur Market with 50 Acre Land Acquisition for Plotted Residential Development
Godrej Properties Limited (GPL), one of India’s most prominent and trusted real estate developers, has officially announced its entry into the fast-growing Raipur real estate market. The company has acquired approximately 50 acres of land located near Old Dhamtari Road, a rapidly emerging residential corridor in Raipur, for the development of a premium plotted residential project.
The project will offer an estimated saleable area of 9.5 lakh square feet, focused on catering to the rising demand for plotted development models in Tier-2 and Tier-3 cities. With this move, Godrej Properties continues its strategic expansion into high-growth micro-markets across India, especially those showing strong potential for plotted townships and premium lifestyle housing.
The chosen site is strategically located near Old Dhamtari Road, providing excellent connectivity to Central Raipur, Raipur Railway Station, and Swami Vivekananda Airport. The area is witnessing substantial real estate and infrastructure activity, making it one of the most promising new real estate clusters in Chhattisgarh.
What significantly enhances the appeal of the location is its integration with major infrastructure upgrades like the Atal Path (Raipur–Naya Raipur Expressway) and proximity to the upcoming Raipur–Hyderabad and Raipur–Visakhapatnam expressways. Additionally, the region boasts strong social infrastructure, including reputed schools, healthcare institutions, and retail hubs—making it an attractive destination for residential investment.
Commenting on the development, Gaurav Pandey, MD & CEO of Godrej Properties, said,
“We are delighted to announce our entry into the dynamic city of Raipur. This acquisition marks another significant step in our expansion journey as we look to strengthen our presence in emerging real estate markets across India. Raipur, with its growing demand for residential plotted developments and strong infrastructure growth, presents an exciting opportunity.”
This land acquisition aligns with Godrej Properties’ strategic focus on increasing its presence in emerging urban centers through capital-light plotted developments—projects that not only have faster execution timelines but also offer scalable growth and financial returns.
With this move, GPL reinforces its position as a national real estate leader that consistently identifies high-growth opportunities beyond the major metro cities. This expansion into Raipur follows GPL’s successful entries into other Tier-2 markets and further underscores its commitment to delivering sustainable and community-focused real estate developments.
As of FY25, Godrej Properties remained India’s top developer by residential sales value and has won global recognition for its sustainability and governance practices. With this Raipur entry, the company strengthens its long-term pipeline while contributing to urban growth in central India.
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